Display Demand Expected to Rebound in 2023, Reports Omdia Research
Omdia’s latest Display long-term demand forecast tracker indicates that area demand for displays in 2023 will grow by 6.2% year-on-year (YoY). With softened inflation and slowing interest rate hikes, plummeting demand has bottomed out, thereby making way for a rebound to normalization in demand by the second half of 2023.
Gartner Survey of Over 2,000 CIOs Reveals Four Ways to Deliver Digital Dividends and Demonstrate Financial Impact of Technology Investments
CIOs and IT leaders must take action to accelerate time to value and drive top- and bottom-line financial impacts from digital investments, according to Gartner, Inc.’s annual global survey of CIOs and technology executives.
IPTV Continues Evolving to Enhance Operational Efficiencies Across the Broadcast Sector
No stranger to addressing the challenges associated with managing video traffic, most of the major news brands serving tier-1 media markets in the broadcast sector have made the switch away from RF technologies to adopt IPTV. There is, however, a significant opportunity for broadcasters in smaller media markets to follow suit to take advantage of the technical benefits and cost reduction associated with making the shift.
According to Parks Associates, Over One-third of Smart Home Device Owners Experienced Technical Difficulties in 2022
Parks Associates’ latest consumer research reports over one-third of smart home device owners experienced technical difficulties in 2022. The firm’s new whitepaper, Self-Service Support: Improving Home Automation, developed in partnership with RouteThis, addresses support needs across the connected home at the network and device level and strategies to address technical issues.
Smart Home Device Growth Slows Along with Global Economy, Says IDC
Consumer buying continues to cool across the globe as macroeconomic issues persist. The slowdown in buying is expected to result in flat growth for smart home device shipments in 2022, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker.
Forrester Forecasts AI Software Will Grow 50% Faster Than The Overall Software Market
Forrester forecasts that AI software will grow 50% faster than the overall software market over the next two years, with an annual growth rate of 18%. The spend on AI software will double from $33 billion in 2021 to $64 billion in 2025 due to an accelerated adoption of AI during the pandemic and an increase in the number of companies that offer AI software.
New Research At Forrester’s Technology & Innovation North America Reveals Global Tech Spending Will Surpass $4.8 Trillion In 2023 — Despite Increasing Uncertainty
New research unveiled at Forrester’s (Nasdaq: FORR) Technology & Innovation North America reveals that global tech spending will reach more than $4.8 trillion in 2023 as two-thirds of technology decision-makers increase their tech budgets, despite increasing economic uncertainty.
IDC Tracker Sees a Long Road Ahead for Augmented Reality Headsets
Worldwide shipments of Augmented Reality (AR) headsets are forecast to decline 8.7% year over year to nearly 260,000 units by the end of 2022, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.
According to Berg Insight, Electric Aircraft and eVTOLs Will Pave The Way for a Greener Future and Increased Mobility
Berg Insight, the world’s leading IoT market research provider, today released new findings about the market for electric aircraft and eVTOLs (passenger vehicles that take off and land vertically). There are today many large-scale industrial projects in development with the purpose of developing aircraft and eVTOLs based on electric drivetrains.
6G's Deployment in 2029 and Widespread Commercialization in 2032 Will Require Heavy Investment in Distributed Computing and Artificial Intelligence, According to ABI Research
As 5G’s commercial rollout continues, the deployment of distributed computing has become progressively more important. But in the 5G era, distributed computing has played a supportive role, while, as enterprises and service providers transition to 6G, distributed computing will be given a leading role.
BCG Says: While 84% of Organizations View Responsible AI (RAI) as a Top Management Issue, Only a Quarter Have Fully Mature RAI Programs
While 84% of global executives believe responsible AI (RAI) should be on top management agendas, only 25% have comprehensive RAI programs in place, as shown in a joint study published today by MIT Sloan Management Review (MIT SMR) and Boston Consulting Group (BCG).
Artificial Intelligence Spending Grew 20.7% Worldwide in 2021, According to IDC
Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services for both AI centric and AI non-centric applications*, totaled $383.3 billion in 2021, an increase of 20.7% over the prior year, according to the most recent International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Tracker.
Gartner Research Board Heralds a New Era of Digital Productivity
While digital transformation has meant the increasing prominence of digital technologies in traditional industries, there will be decreasing prominence of digital technologies in the next era, according to the Gartner.
ABI Research Finds Driver Monitoring Systems Shipments Will Jump 487.5% Between 2022 and 2027, Increasing Safety and Creating a Lucrative Monetization Opportunity for Carmakers
According to global technology intelligence firm ABI Research, shipments of vehicles featuring camera-based Driver Monitoring Systems (DMS) will jump from 8 million in 2022 to 47 million in 2027, more than 50% of global new vehicle sales.
Gartner Says Worldwide RPA Software Revenue to Reach $2.9 Billion in 2022
Global robotic process automation (RPA) software revenue is projected to reach $2.9 billion in 2022, an increase of 19.5% from 2021, according to the latest forecast from Gartner, Inc.
ABI Research Finds Digital Twins, IoT, and AI are Critical Enablers in the Journey to Net Zero in Cities
Cities account for more than 50% of the planet’s population and are responsible for more than 70% of global carbon emissions. To combat this, decarbonization strategies are being employed by cities around the world. Smart city technologies will be a critical asset for this transformation.
Omdia: Sustainability Ranks Top on Data Center Operators’ Agendas Despite Cost and Reliability Barriers
Omdia, unveils its Data Center Thermal Management and Sustainability Intelligence Service. The new annual service offers technology manufacturers, vendors, and service providers comprehensive insight and analysis of sustainable data center practices and strategies, with a focus on new technologies such as liquid cooling and energy storage.
BTR Roundtable: Culture of Automation, Standardization and Ad-Hoc Collaboration Emerges as Key to Success in ISR Applications Across Emergency Management Operations
BizTechReports presents an open and industry-focused conversation on the role of ISR in providing support for emergency management agencies as well as the hurdles in the way of accelerated adoption. Our panel of experts explore the latest evolutions in ISR technologies and how these systems can be rapidly deployed by prospective agencies. We also identify the various stakeholders within the target audience groups of ISR technologies providers and some best practices for how the ISR community can work together to identify and engage with emergency management agencies.
Recycled PVC Payment Cards see a Surge, with Shipments Set to Rise to 638 million in 2026
Banks and financial institutions have pivoted even further toward sustainable offerings in the payments market. Now this is expanding beyond the material side, which is still seeing rapid uptake as it relates to payment card shipments, and into other offerings and solutions that are tackling the issue of sustainability.
Auto OEMs to Invest $515 Billion in EV-Related Technologies and Upgrades – But Supply Chain Challenges Remain Finds ABI Research
Based on updated Electric Vehicle (EV) introduction plans announced recently by automakers, the complete transition to EV production for many OEMs could come as soon as 2030. According to ABI Research, auto OEMs will invest an estimated $515 billion in EV-related technologies and manufacturing plant upgrades over the next 5 to 10 years.